Announced

Completed

Traton completed a $25m investment in PlusAI.

Synopsis

Traton, a commercial vehicle manufacturer that offers a range of products and services, completed a $25m investment in PlusAI, a provider of AI-based virtual driver software for autonomous trucks. Together, TRATON and PlusAI are developing factory-built autonomous trucks and the integrated systems required for on-highway freight operations. These vehicles will be offered by TRATON through its established brand sales and service channels, providing fleets with the performance, reliability, and support infrastructure they expect from one of the world’s leading truck manufacturers-powered by PlusAI’s AI-based virtual driver system.

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MergerLinks - Traton completed a $25m investment in PlusAI.